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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) March 17, 2005
STILLWATER MINING COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-13053 81-0480654
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1321 Discovery Drive, Billings, Montana 59102
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (406) 373-8700
Not applicable
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On the date hereof, Stillwater Mining Company (the "Company ") issued a press
release announcing that it would be making a change in its accounting
methodology for the amortization of capitalized mine development costs in
connection with the review by the Securities and Exchange Commission ("SEC") of
the Company's 2003 Annual Report on Form 10-K and 2004 Quarterly Reports on Form
10-Q. Such press release is furnished herewith as Exhibit 99.1 and is
incorporated herein by reference.
On the date hereof, the Company also filed with the SEC a Form 12b-25 extending
the deadline for filing the 2004 Annual Report on Form 10-K until March 31,
2005, primarily because the Company will require additional time to finalize its
financial statements due to the change in accounting method.
The Company expects to file its 2004 Annual Report on Form 10-K with the SEC by
the March 31, 2005 extended deadline. The Company also expects to file
amendments to its 2003 Form 10-K and 2004 Form 10-Qs and release its 2004
earnings by such date.
ITEM 7.01 REGULATION FD DISCLOSURE.
On the date hereof, the Company issued a press release announcing that it was
changing its accounting method for amortizing capitalized mine development costs
and extending the deadline for filing its 2004 Annual Report on Form 10-K. Such
press release is furnished herewith as Exhibit 99.1 and is incorporated herein
by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibits are filed with this report:
Exhibit Number Description
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99.1 Press Release issued by the Company on March 17, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
STILLWATER MINING COMPANY
Dated: March 17, 2005 By: /s/ John R. Stark
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Name: John R. Stark
Title: Vice President, Human
Resources, Secretary and General
Counsel